The Lalit plans to go asset light; IPO on the cards

With 13 properties on board, the company is now keen to take its hospitality school to next level

At a time when most of the hotel companies are opting for an asset light model to reduce fixed costs, The Lalit Suri Hospitality Group has so long opted for an asset-heavy model. However, in league with its peers, it now sees the management contract model to drive its future business.

With 13 properties on board, the company is now keen to take its hospitality school — The Lalit Suri Hospitality School — in Faridabad, Haryana, to the next level to train personnel who can take the management contract agenda forward.

“We always wanted to have our own hospitality school where we